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Federal Reserve Board Announces 2026 Leadership Appointments

1/10/2026

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Summary

Story summary

The Federal Reserve Bank of Philadelphia announced board appointments effective January 1, 2026, naming William Lo, CEO of Crystal Steel Fabricators, as chair and Kisha Hortman Hawthorne, COO at the Children's Hospital of Philadelphia, as deputy chair.
Peter Ruggiero, Crayola CEO, and Michael DiPiano, NewSpring Capital chairman, were named Class B and Class C directors.
The Federal Reserve Board designated chairs and deputy chairs for all 12 Federal Reserve Banks in 2026.

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Story summary

The Federal Reserve Bank of Philadelphia announced board appointments effective January 1, 2026, naming William Lo, CEO of Crystal Steel Fabricators, as chair and Kisha Hortman Hawthorne, COO at the Children's Hospital of Philadelphia, as deputy chair.
Peter Ruggiero, Crayola CEO, and Michael DiPiano, NewSpring Capital chairman, were named Class B and Class C directors.
The Federal Reserve Board designated chairs and deputy chairs for all 12 Federal Reserve Banks in 2026.